RISK DISCLAIMER

THE TERMS “DEEPHIVE” USED HEREIN SHALL MEAN VYTALYX INC, A DELAWARE CORPORATION, D.B.A. DEEPHIVE. THE TERMS “WE”, “OUR”, “US” OR “COMPANY” USED HEREIN SHALL MEAN DEEPHIVE AND ITS SUBSIDIARIES.

THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES AND IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SERIES A PREFERRED STOCK IN DEEPHIVE (“SECURITIES”), AND MAY NOT BE RELIED UPON IN CONNECTION WITH THE PURCHASE OR SALE OF ANY SECURITIES. ACCORDINGLY, SECURITIES, IF OFFERED BY DEEPHIVE, WILL ONLY BE AVAILABLE: (1) TO U.S. “ACCREDITED INVESTORS” (AS DEFINED IN RULE 501 OF REGULATION D UNDER THE SECURITIES ACT) IN COMPLIANCE WITH RULE 506(C) OF REGULATION D UNDER THE SECURITIES ACT; AND (2) TO PERSONS OTHER THAN “U.S. PERSONS” (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) IN RELIANCE UPON REGULATION S UNDER THE SECURITIES ACT. IN MAKING AN INVESTMENT DECISION, PURCHASERS MUST RELY ON THAT CERTAIN PRIVATE PLACEMENT MEMORANDUM OF DEEPHIVE, AS AMENDED (THE “PPM”), INCLUDING THE MERITS AND RISKS INVOLVED. THE SECURITIES HAVE NOT BEEN RECOMMENDED, APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION (“SEC”), ANY STATE SECURITIES COMMISSION, ANY FOREIGN SECURITIES AUTHORITY OR ANY OTHER FEDERAL, STATE OR FOREIGN REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THE PPM IS TRUTHFUL OR COMPLETE. NONE OF THE FOREGOING AUTHORITIES HAVE PASSED UPON, OR ENDORSED THE MERITS OF, THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE PPM. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

TOKENS WILL BE “RESTRICTED SECURITIES” UNDER RULE 144 UNDER THE SECURITIES ACT (“RULE 144”) AND SUBJECT TO LEGAL, AS WELL AS CONTRACTUAL, TRANSFER RESTRICTIONS. TOKEN HOLDERS WILL NOT BE ABLE TO TRANSFER THEIR TOKENS UNTIL THE COMPANY DESIGNATES DESIGNATED EXCHANGE OR EXPLICITLY AUTHORIZES PEER-TO-PEER TRANSFERS.

OPINIONS, ASSUMPTIONS, ASSESSMENTS, STATEMENTS OR THE LIKE REGARDING FUTURE EVENTS OR WHICH ARE FORWARD-LOOKING, CONSTITUTE ONLY SUBJECTIVE VIEWS, BELIEFS, OUTLOOKS, ESTIMATIONS OR INTENTIONS OF THE COMPANY SHOULD NOT BE RELIED ON, ARE SUBJECT TO CHANGE DUE TO A VARIETY OF FACTORS, INCLUDING FLUCTUATING MARKET CONDITIONS AND ECONOMIC FACTORS, AND INVOLVE INHERENT RISKS AND UNCERTAINTIES, BOTH GENERAL AND SPECIFIC, MANY OF WHICH CANNOT BE PREDICTED OR QUANTIFIED AND ARE BEYOND THE CONTROL OF THE COMPANY. THE COMPANY DOES NOT MAKE ANY REPRESENTATION OR WARRANTY AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED IN THIS DOCUMENT. THE COMPANY HAS NO OBLIGATION TO UPDATE OR KEEP CURRENT ANY INFORMATION OR PROJECTIONS CONTAINED IN THIS DOCUMENT.

THIS DOCUMENT HAS BEEN PREPARED TO PROVIDE PRELIMINARY INFORMATION REGARDING THE OPERATIONS, BACKGROUND, AND FUTURE EXPECTATIONS OF THE COMPANY. WHEN USED IN THIS DOCUMENT THE WORDS “MAY,” “WOULD,” “COULD,” “WILL,” “EXPECT,” “ANTICIPATE,” “BELIEVE,” “INTEND,” “PLAN” AND “ESTIMATE,” AND SIMILAR EXPRESSIONS GENERALLY IDENTIFY FORWARD-LOOKING STATEMENTS. BECAUSE FORWARD-LOOKING STATEMENTS INVOLVE RISKS AND UNCERTAINTIES THAT ARE BEYOND THE CONTROL OF THE COMPANY, ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE EXPRESSED IN THE FORWARD-LOOKING STATEMENTS. THESE RISKS AND UNCERTAINTIES MAY INCLUDE THOSE DISCUSSED IN THAT CERTAIN PPM OF DEEPHIVE. THE COMPANY OPERATES IN A CHANGING ENVIRONMENT IN WHICH NEW RISK FACTORS CAN EMERGE FROM TIME TO TIME. IT IS NOT POSSIBLE FOR THE COMPANY TO PREDICT ALL POSSIBLE RISKS, NOR CAN IT ASSESS THE EXTENT TO WHICH ANY FACTOR, OR A COMBINATION OF FACTORS, MAY CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN FORWARD-LOOKING STATEMENTS. GIVEN THESE RISKS AND UNCERTAINTIES, READERS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS.

ANY USE, DUPLICATION, OR DISCLOSURE OF THIS DOCUMENT, IN WHOLE OR IN PART, OTHER THAN FOR YOUR INTERNAL USE IS STRICTLY PROHIBITED. ALL PICTURES, DESIGNS, LOGOS, NAMES AND TEXT ARE COPYRIGHTED AND MAY NOT BE USED, DUPLICATED OR DISTRIBUTED WITHOUT THE EXPRESS WRITTEN PERMISSION OF THE COMPANY.

PLEASE NOTE THAT ALL INFORMATION HEREIN ARE ESTIMATIONS THAT ARE SUBJECT TO CHANGE. THE COMPANY CANNOT GUARANTEE ANY PROFITS, FUTURE RESULTS, LEVELS OF ACTIVITY, PERFORMANCE OR ACHIEVEMENTS AND THERE CANNOT BE ANY EXPECTATION THAT THE COMPANY WILL ACHIEVE SIMILAR RESULTS AS DEPICTED HEREIN.